Walgreens

13,650 SF | Retail Building | Waynesboro, GA 30830 | $4,200,000 ($308/SF) | 8% Cap Rate

Asking Price $4,200,000

Property Type: Retail
Square Feet: 13,650 SF
Price / Square Foot: $308

Listing Contacts

Jordan Klink

Verified Profile

Kahlil Barnard

Verified Profile

Property Info

Property Overview

The subject offering is a long-term, triple-net leased Walgreens Pharmacy located in Waynesboro, Georgia, a community in the southeastern US just outside of Augusta, GA. The Property's current lease has 9 years of firm term remaining and automatic renewal option periods thereafter. The site is directly across the street from Burke Health Community Hospital, a regional healthcare facility specializing in orthopedic & cardiovascular care.
The offering presents an ideal investment for a Buyer seeking a passive real estate investment with zero landlord responsibilities backed by a Fortune 500 tenant. Walgreens is directly responsible for all common area maintenance, property taxes, insurance, roof, structure and parking lot at the subject site.

Property Details

Class: B
Year Built: 2008
Stories: 1
Property Subtype: Drug Store, Freestanding, Storefront
Lot Size (sq. ft): 64,469 SF

Highlights

Tenant Responsible for ALL CAM, Taxes, Insurance, Roof & Structure – No Landlord Responsibilities
Located at hard-Corner Signalized Intersection that Experiences Approximately 14K VPD
Surrounded by Various National Retailers: Walmart, Huddle House, Subway, Zaxby’s, McDonald’s, Tractor Supply and Dollar Tree
Burke Health is a community hospital in Waynesboro, GA specializing in orthopedic and cardiovascular care
Waynesboro is Approximately 30 miles from Augusta, Georgia
Walgreens Currently Has 9 Years Remaining On Their Firm Term

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